The second stage Accounting Cycle Accounting ?
a) Preparation of Journal of Subsidiary books
b) Preparation of Trial Balance c) Preparation of Ledger
d) Preparation of Final Account
Answers
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b preparation of trial balance c preparation of leadger
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Answer:
The second stage is prepration of ledgers.
Explanation:
The first stage is prepration of journals, then prepre ledgers, then use ledgers to make trial balance and use trial balance to prepare final accounts, which includes trading account, profit and loss account and balance sheet.
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